LOL!

Kinda reminds me of my stocks a few years ago.

 

Not yet. But I have heard about Bitcoin a lot. And many guys are using bitcoin rather than using the cash.

 

A few days ago:
http://money.cnn.com/2017/12/22/investing/bitcoin-plunges-below-14k/index.html
https://www.forbes.com/sites/jessed...prices-dropped-so-low-yesterday/#66dbd0e43e2e

 

http://fortune.com/2017/12/28/powerball-mega-millions-bitcoin-lottery/

http://www.telegraph.co.uk/technolo...chobox&utm_medium=Social&utm_source=Facebook&

 

And now we have LiteCoin

http://www.telegraph.co.uk/technolo...ival-whose-price-has-risen-five-times-faster/

Apparently there are a number of these cryptocurrencies . You have to wonder how many people are buying the beta max of crypto currencies right now.

 

I have decided to start my own cryptocurrency called Spincoin. They are only $10,000 each right now so get in early and buy in early to obtain the limited amount being offered.

 

I have decided to start my own cryptocurrency called Spincoin. They are only $10,000 each right now so get in early and buy in early to obtain the limited amount being offered.

You need a nice meme like this one.
http://mapofcoins.com/bitcoin/pimpcash_pimp

http://mapofcoins.com/bitcoin

 

http://www.businessinsider.com/kidn...after-paying-1-million-bitcoin-ransom-2017-12

Pavel Lerner, the CEO of the cryptocurrency exchange Exmo Finance, has been released from the custody of kidnappers after the payment of a $1 million bitcoin ransom, according to the Financial Times.

Local media reports said Lerner, 40, was dragged into a black Mercedes-Benz by men in balaclavas while leaving the Kiev, Ukraine, offices of his company on Tuesday.

The FT reported Friday that Lerner was "released in a state of shock," according to Anton Gerashchenko, a Ukrainian adviser.

"We have operative information that he paid more than $1 million worth of bitcoins," Gerashchenko said.

 

http://www.businessinsider.com/kidn...after-paying-1-million-bitcoin-ransom-2017-12

He will just create another million bit coins. No biggy.

 

https://www.coindesk.com/dogecoin-market-cap-hits-1-billion-creators-dismay/

Dogecoin, the parody coin named for an internet meme featuring a Shiba Inu dog, has broken off the leash.

Nearly forgotten since its heyday in 2014, over the past month the cryptocurrency's price has increased more than 400 percent, setting a new all-time high Thursday above $0.01.

This price surge pushed dogecoin's market capitalization above $1 billion, data from CoinMarketCap shows.

Yet while more than $101 million in trading volume was seen in dogecoin over the past 24 hours, the creator of the project is worried this is a sign of broader market excess.

 

https://news.bitcoin.com/miami-bitc...accepting-bitcoin-due-to-fees-and-congestion/

Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and congestion.

How embarrassing.

 

https://news.bitcoin.com/miami-bitc...accepting-bitcoin-due-to-fees-and-congestion/


How embarrassing.

When the big EMP comes, I'll still have my gold.

 

When the big EMP comes, I'll still have my gold.

My Lectric will still be on after the EMP. You can keep that dang gold.

 

https://techcrunch.com/2018/01/15/r...person-likely-drove-bitcoin-from-150-to-1000/

The manipulation happened primarily via two bots, Markus and Willy, that seemed to be performing valid trades but did not actually own the bitcoin they were using. During the Mt. Gox hack a number of these bots were able to create fake trades and make off with millions while manipulating the price of BTC

 

https://techcrunch.com/2018/01/16/b...accused-of-running-a-ponzi-scheme-shuts-down/

In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards, and continuous DDoS attacks on the platform.

While the platform says they’re refunding all outstanding loans at a rate of $363.62 USD (an average of the token’s price over the last 15 days), the Bitconnect token is currently trading down ~80% and worth less than $40, so while users may have been made whole on a BCC-equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investment).

 

https://techcrunch.com/2018/01/16/b...accused-of-running-a-ponzi-scheme-shuts-down/

Just to be clear, this article is NOT about Bitcoin, but a separate outfit called Bitconnect.

 

Just to be clear, this article is NOT about Bitcoin, but a separate outfit called Bitconnect.

Correct. It's just a now dead Ponzi scheme that rose on the bubble and crashed on the bubble of another possible Ponzi scheme called Bitcoin.

 

https://www.theguardian.com/technol...s-ransomware-cybercrminals-malware-developers

Just like conventional salespeople, ransomware developers pay careful attention to the prices they charge. Some criminals offer discounts depending on the region the victim is in, offering cheaper unlocking to residents of developing nations, while others use an escalating price to encourage users to pay quickly and without overthinking things.

But a rapidly oscillating bitcoin price plays havoc with those goals, Proofpoint says. “Surging cryptocurrency values are a boon for holders of bitcoin. But they are a challenge for anyone who tries to price their product or service in bitcoin — threat actors included. In Q4, newer ransomware strains appeared to take this into account. Sigma ransomware first appeared in mid-November demanding a payment denominated in US dollars.”

Now, more than two thirds of ransomware strains seen in the wild denominate the payment in normal currencies. But they still demand the actual transaction be carried out in bitcoin, the researchers note.

 

Not Bitcoin, just another cryptocurrency Exchange coins stolen.

https://www.cnbc.com/2018/01/26/jap...e-loses-more-than-500-million-to-hackers.html

Hackers stole several hundred million dollars' worth of a lesser-known cryptocurrency from a major Japanese exchange Friday.

Coincheck said that around 523 million of the exchange's NEM coins were sent to another account around 3 a.m. local time (1 p.m. ET Thursday), according to a Google translate of a Japanese transcript of the Friday press conference from Logmi. The exchange has about 6 percent of yen-bitcoin trading, ranking fourth by market share on CryptoCompare.

Coincheck's president said he "deeply regretted" the issue.

I'm sure he also regrets the future possible loss of his fingers.

https://www.financemagnates.com/cry...-founder-stolen-funds-lots-people-will-screw/

One of the things that people tend to forget about crypto, is that yes, it gives you the right to be your own bank; you are the sole controller of your own funds–but with that comes great responsibility. That literally means that you have to protect your private key–you have to protect all of this–on your own. You are the sole responsible actor.

I completely sympathize with the people that have lost their funds. We are doing everything we can in order to gather information to track down whoever this scumbag is, but of course, that is not easy, and we’ve seen before that it is borderline impossible.